News published on Globe Banner in June 2025

News from June 2025


UBS announces new $2bn share repurchase program

UBS Group AG has announced the initiation of a new share repurchase program following approval at its Annual General Meeting on April 10, 2025.


U.S. ambassador fosters community ties during independence day visit to Ugandan school

Ambassador William W. Popp addressed the community at St. Peter’s Nsambya Senior Secondary School, marking a historic celebration of U.S. Independence Day with students and faculty.


U.S. Embassy in Uganda celebrates Independence Day with focus on volunteerism

The U.S. Embassy in Uganda held a celebration on June 28, 2025, to mark the upcoming Independence Day and highlight the theme of "Spirit of Volunteerism."


Energy access initiatives transform lives in rural Ethiopia

For many families in rural Ethiopia, daily life has long been marked by the challenges of accessing reliable and safe energy sources.


Butler Heritage FCU liquidated; Cincinnati Ohio Police FCU assumes membership

The National Credit Union Administration (NCUA) has facilitated a partial purchase and assumption agreement between Butler Heritage Federal Credit Union (FCU) in Middletown, Ohio, and the Cincinnati Ohio Police Federal Credit Union (COPFCU).


Somalia's economy grows despite challenges; future aid uncertainty looms

Somalia's economy demonstrated robust performance in 2024, achieving a growth rate of 4.0 percent.


U.S. explains votes on Wiphala symbol and hate speech resolutions

The United States recently articulated its stance on two resolutions at a plenary meeting, focusing on the cultural symbol Wiphala and countering hate speech.


U.S.-German relations emphasized at Berlin Independence Day celebration

The United States Embassy in Berlin hosted its annual Independence Day celebration, marking the 249th anniversary of American independence.


Enhanced Integrated Framework seeks global support for new phase

Co-organized by Djibouti, Finland, and the Executive Secretariat of the Enhanced Integrated Framework (EIF), a recent event emphasized the importance of strengthening international partnerships to support trade and investment priorities in Least...


UK sees surge in new businesses despite decline in equity investments

Barclays' latest Regional Investment Map reveals a shift in capital dynamics for UK startups and scale-ups.


Yuanta FHC recognized for meeting Paris Agreement's temperature target

Yuanta Financial Holding Company (FHC) has been recognized for its commitment to carbon reduction and sustainable finance.


US Embassy seeks vehicle rental quotes in Santo Domingo

The United States Embassy in Santo Domingo has announced a request for quotations (RFQ) from vendors for vehicle rentals, under the reference PR15412209.


World Bank appoints Jean Pesme as director for Bangladesh and Bhutan

Jean Pesme has assumed the role of Division Director for Bangladesh and Bhutan at the World Bank.


Ethiopia sees rapid digital growth with millions gaining mobile access

Between 2020 and 2024, Ethiopia experienced a significant increase in digital connectivity, gaining 7 million new mobile subscribers and increasing internet access for at least 4 million people.


East German Mark history remembered as unique chapter ends

It has been 35 years since the introduction of the Deutschmark in East Germany on July 1, 1990, which signaled the decline of the East German Mark.


World Bank urges agricultural reform for sustainable growth in Papua New Guinea

Papua New Guinea's economy is projected to grow by 4.7 percent in 2025, surpassing its historical average, according to the World Bank's latest Economic Update.


Tropical Storm Flossie poses flood risk along Pacific coast of Mexico

Tropical Storm Flossie is expected to intensify into a hurricane by June 30 or July 1, according to weather alerts.


US Embassy seeks quotes for IT platform maintenance in Santo Domingo

The United States Embassy in Santo Domingo has announced a request for quotes (RFQ) for the maintenance and support of the TCIU IT platform.


World Bank boosts global conservation efforts with $4 billion investment

The World Bank Group (WBG) is actively supporting countries in achieving sustainable economic development while conserving natural resources.


Joint MDBs report reveals $19.6 billion investment for global water security

The Joint MDB Water Security Financing Report 2024 represents a significant step by ten Multilateral Development Banks (MDBs) towards enhancing global water security.